Course Catalog and Schedule

Decision Theory (MECS-462-0)
1.00 Credit
TCE BidStats

Foundations of the theory of decision under uncertainty. Special focus on axiomatic derivatives of numerical representations of preferences, and on behavioral versus cognitive data as observational definitions of theoretical terms. Covers axiomatic derivations of utility in general, and the classical works of von Neumann and Morgenstern, Savage, Anscombe, and Aumann on expected utility. Additional topics may include applications and attitudes toward risk; paradoxesand violations of expected utility; generalizations and variations of expected utility-as well as alternative theories, with applications to economics.


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Academic Year Term   Session Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2015-2016 Spring 2016 10 Weeks MECS-462-0 Decision Theory 21 1 Klibanoff, Peter Wed 12:00 PM - 3:00 PM Evanston Jacobs (586) N